Acyl-glycerols like fats and oils are esters formed by condensation reaction between:

Explanation

Acyl-glycerols, such as fats and oils, are esters formed by a condensation reaction between fatty acids and alcohols. This process involves a glycerol molecule, which is a type of alcohol, reacting with three fatty acid molecules to form a triglyceride. Option A is incorrect because water is a byproduct, not a reactant, in this reaction. Option C is incorrect because glucose, a carbohydrate, is not involved in esterification. Option D is incorrect as phosphates are related to phospholipids formation, not acyl-glycerols.